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This week on Financial Freestyle with Ross Mac, Mac sits down with Goalsetter founder and CEO Tany Van Court. Goalsetter is an award-winning FinTech platform recognized as the best financial education platform. Its mission is to teach kids and families the value of financial literacy.
In this clip, Van Court discusses the issue of saying “yes” to all of your child’s financial requests, highlighting the important lessons a child can learn from a simple “no.”
“If you tell your kid no to the things that they want to… you are automatically teaching your kid about finite resources… Delayed gratification. The power of their own ability to earn… Creativity and entrepreneurship saving and potentially investing, I mean, five lessons just because you told them no to something that they wanted.”
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This post was written by John Tejada.